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big government and big banks have failed us. the crushing weight of the potential markets have yet to be fixed. that has helped to inhibit the ability of the american people to move forward. it is never a failure of the american people. that is not why we are having the difficulties we are having. it is the failure of governments to affect the larger institutions. for a period of time, you are about something that is too big to fail. they already have. they continue to drag down the ability of the american people to move forward. it is a change to actual leadership and a change to bring government into the 21st century, a realization that what has happened on wall street has failed. allow the american people to six those problems and moved forward. for the republicans, everything in the world is moving toward empower you to make more and more of your own decisions. it is what the basis of the free republic is. it is the basis of voluntary community organizations. these are the things that are happening. the only concern people h
big government and big banks have failed us. the crushing weight of the potential markets have yet to be fixed. that has helped to inhibit the ability of the american people to move forward. it is never a failure of the american people. that is not why we are having the difficulties we are having. it is the failure of governments to affect the larger institutions. for a period of time, you are about something that is too big to fail. they already have. they continue to drag down the ability of...
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the republican party has to rethink is it in favor of big spending cuts? yes. and balancing the budget down the sfrood yes. but you have to look at revenues in some fashion. you cannot be that ideological. >> they have to show the ability to govern. at the end of the day it doesn't matter if they can win a political policy argument. >> we're debating their argument. we're debating how much to cut spending. >> but the trust in them governing is the issue now that they have to overcome. >> and one other thing. i really think that we are underestimating the reaction on the left progressive, whatever you want to call it. the progressive caucus, democrats are really angry at the president. >> where do they go though? it is interesting, normally you'd say maybe there will be a primary challenge, maybe there will be a draft russ feingold, bernie sanders. you couldn't see this show up in the president personally. there's this loyalty to him that he has that seems to bridge that divide between what are progressive elites versus the progressives in public opinion. >> lac
the republican party has to rethink is it in favor of big spending cuts? yes. and balancing the budget down the sfrood yes. but you have to look at revenues in some fashion. you cannot be that ideological. >> they have to show the ability to govern. at the end of the day it doesn't matter if they can win a political policy argument. >> we're debating their argument. we're debating how much to cut spending. >> but the trust in them governing is the issue now that they have to...
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. >> i want to talk about the big month coming up in iowa in august. there's a lot going on in the g.o.p. primary. can you handicap the race for us a little bit in iowa and specifically handicap the straw poll, as you see it now, a couple of weeks out? >> well, first of all, it's a very fluid situation. as you know, the last time romney won the poll but then the iowa caucuses was won by governor huckabee. since huckabee decided relatively late not to run, things are wide open. and romney is not competing in the straw poll. so, you know, the two -- romney is the national frontrunner but not competing in the straw poll. so you've got a wide open situation. congressman michelle bachmann was born and raised in iowa. i think she got off to a really good start here. governor pawlenty, the former governor of minnesota, although he's not done well in the polls, he may surprise some people i think he may do better than people expect. also, you got ron paul, who's going to be competitive in this. herman cane. rick santorum. just recently rick perry, although he'
. >> i want to talk about the big month coming up in iowa in august. there's a lot going on in the g.o.p. primary. can you handicap the race for us a little bit in iowa and specifically handicap the straw poll, as you see it now, a couple of weeks out? >> well, first of all, it's a very fluid situation. as you know, the last time romney won the poll but then the iowa caucuses was won by governor huckabee. since huckabee decided relatively late not to run, things are wide open. and...
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we will be doing a very big report and not from autumn. we start to say it is hard to know the effect of people are not keeping the data on gender. we are now opening a data gender initiative. what i find most, just to give you an example of what this could be in real life, you cannot get on our web site, and you can punch up a country, and you can see all the projects in the country and learn what is going on in the project. by the end of the years so we will have this for lending as well. you can say we think this is what the results are, but this is what we see in the village. this is a whole transformational climbing of what was traditionally seen as a hierarchal call system. i think it reflects what is happening more broadly. let's go to a couple of questions. in many developed countries there are issues with property items. people do not have documents on the property. how does this affect domestic and element -- development. the question is exactly right, property rights are fundamental. since i was making the point recently on gend
we will be doing a very big report and not from autumn. we start to say it is hard to know the effect of people are not keeping the data on gender. we are now opening a data gender initiative. what i find most, just to give you an example of what this could be in real life, you cannot get on our web site, and you can punch up a country, and you can see all the projects in the country and learn what is going on in the project. by the end of the years so we will have this for lending as well. you...
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that's a big, big number this morning. >> steve: sure. and we understand as well, right this very minute in that round building behind you at the capitol, supposedly both sides are trying to figure out how to cut the debt. they're trying to come up with a debt limit deal and they're going to meet with the president again on sunday. but with this information, where the unemployment is going up, mr. baer, you would think that would embolden the republicans 'cause then they can say look, mr. president, you can not raise revenue or increase taxes when unemployment is going that way! >> this doesn't help the negotiations. that's probably true, steve. we have senator mitch mcconnell on fox news sunday before he heads into that big meeting at the white house. it will be interesting to get his take. there is some skepticism on all sides about this deal that is now kind of a mega deal that is said to include restructuring of the tax code, moving down the corporate tax rates, taking out tax loopholes, but also touching on entitlements and medicare
that's a big, big number this morning. >> steve: sure. and we understand as well, right this very minute in that round building behind you at the capitol, supposedly both sides are trying to figure out how to cut the debt. they're trying to come up with a debt limit deal and they're going to meet with the president again on sunday. but with this information, where the unemployment is going up, mr. baer, you would think that would embolden the republicans 'cause then they can say look, mr....
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this is big for the republicans. never done before with a long-term budget plan to bring down the deficit. now everybody agrees also there has to be a balanced approach. they agree to $1.6 trillion in cuts and what the president is saying is there's $400 billion in tax subsidies. tax give ways, as al you mentioned, tot hedge fund managers, that we can no longer afford. now if republicans don't buy that, as david brooks said nothing in the new york times, they are idiots. they don't know how to govern. they won. they ought to take this deal. >> mr. brooks, conservative columnists, is saying come on. you are marginalizing yourself. can't even you even hear from your own people that ideal logically agreed with the republican line. >> well, look, reverend sharpton, you showed some polls a minute ago that showed 70 or 8 30ers don't agree with republican owns this or that or the other thing. if the republicans are standing up for their convictions and beliefs against the tide of public opinion, it may be political courage
this is big for the republicans. never done before with a long-term budget plan to bring down the deficit. now everybody agrees also there has to be a balanced approach. they agree to $1.6 trillion in cuts and what the president is saying is there's $400 billion in tax subsidies. tax give ways, as al you mentioned, tot hedge fund managers, that we can no longer afford. now if republicans don't buy that, as david brooks said nothing in the new york times, they are idiots. they don't know how to...
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being governor of a big state like texas is successful in economic development. harry -- perry also has a following among economic and social conservatives, so he has the potential to appeal to a broad base of republican caucus goers. >> do you think if he were to get into the race, he would be in competition to win the caucuses? >> it is hard to say. it all depends upon how much time he spends in iowa, how good an organization he puts together, and what kind of vision he is able to show where he would leave the country -- lead the country. >> with rick perry getting into the caucus, doesn't it romney need to rethink where he is setting? >> it is my and standing that his strategy this time is not to spend a lot of time and money here early in the straw poll, but instead but his focus on -- he is going to participate in the debate, and he intends to compete in the caucasus, and i think he recognizes you cannot be a national front runner and not compete in the first state. >> governor perry would come in on the right flank of the republican party. he is a conservat
being governor of a big state like texas is successful in economic development. harry -- perry also has a following among economic and social conservatives, so he has the potential to appeal to a broad base of republican caucus goers. >> do you think if he were to get into the race, he would be in competition to win the caucuses? >> it is hard to say. it all depends upon how much time he spends in iowa, how good an organization he puts together, and what kind of vision he is able to...
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i think the stimulus was not big enough. too much of it was not in tax cuts that are not an efficient way to get the economy to grow, and one of the things that was under appreciated about a was a big part of what was doing was helping prevent local governments from laying people off. the stimulus gets far less credit than it deserves. actually did help create and protect jobs, but we need more and more targeted efforts right now to actually create jobs. the ideas you hear being talked about right now -- people are talking about, "what about a corporate tax holiday?" all of these corporations are off shoring hundreds of billions of dollars because they have to pay taxes to bring it back to the u.s. we will let them bring it back at 5 cents on the dollar, and maybe they'll use it to create jobs. they are already sitting on literally billions of dollars in profits that they are not spending. or another payroll tax cut. again, same problem. i do not see how that will create jobs in corporations are already making record profits
i think the stimulus was not big enough. too much of it was not in tax cuts that are not an efficient way to get the economy to grow, and one of the things that was under appreciated about a was a big part of what was doing was helping prevent local governments from laying people off. the stimulus gets far less credit than it deserves. actually did help create and protect jobs, but we need more and more targeted efforts right now to actually create jobs. the ideas you hear being talked about...
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stay tuned. ...was it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a. auto insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto insurance quote. u.s.a.a. we know what it means to serve.
stay tuned. ...was it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a. auto insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military,...
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. >>> now to washington, a big meeting on the hill tomorrow. leaders from both sides of the aisle will come together to try a break a deadlock over the nation's debt. yesterday president obama made a rare appearance in the white house briefing room to urge lawmakers to show up with the right attitude. >> it's my hope to everybody's going to leave their ultimatums at the door. they will leave political rhetoric at the door and we're going to do what's best for our economy and do what's best for our people. >> house speaker john boehner put out this tough statement quote saying, i am happy at the moment to discuss these issues at the white house, but these discussions will be fruitless until the president recognizes economic and legislative reality. luke russert covers capitol hill for us. luke, part of that discussion is the mini deal with senators reid and mcconnell were discussing earlier. where does that stand in this discussion so far? >> it's interesting, one of the things that is being thrown up on capitol hill is somewhat of a mini deal.
. >>> now to washington, a big meeting on the hill tomorrow. leaders from both sides of the aisle will come together to try a break a deadlock over the nation's debt. yesterday president obama made a rare appearance in the white house briefing room to urge lawmakers to show up with the right attitude. >> it's my hope to everybody's going to leave their ultimatums at the door. they will leave political rhetoric at the door and we're going to do what's best for our economy and do...
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conversation about a big issue. gwen: they forced a big conversation. >> at some point you have to say to yourself -- i'm saying, any party, what are our goals, what did we achieve and how do we consolidate them. >> the republicans should feel really good right now because the bill that boehner put through was improved in a way to collect even more conservative votes and so it's much more -- gwen: you're saying the democratic base should be more unhappy if they're paying attention to what's on the table now. >> exactly and i think the democratic base won't be happy no matter how this turns out but i think it's entirely possible that over the next 48 or 72 hours that the republican base will become really frustrated and angry because what -- there was one long-time, congressman tom cole, been around washington for a long time, he said this week, there's a lot of learning going on in our caucus and they're learning they don't own the senate and they can't push pure snow what their proposal is and it was his estimation
conversation about a big issue. gwen: they forced a big conversation. >> at some point you have to say to yourself -- i'm saying, any party, what are our goals, what did we achieve and how do we consolidate them. >> the republicans should feel really good right now because the bill that boehner put through was improved in a way to collect even more conservative votes and so it's much more -- gwen: you're saying the democratic base should be more unhappy if they're paying attention...
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go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> yes, people can be critical of what we've done. but where are the other ideas? at this point in time, the house is going to act, we're going to act again. but it is final for our colleagues across the aisle to tell us what they're for. tell us how we can end this crisis. >> welcome back to "hardball." that was speaker john boehner before the house voted to pass his debt ceiling bill. joining us now republican congressman from kansas who voted against the boehner bill. congressman, welcome, why did you vote against it? >> i don't think it does enough. we've got a $14.3 trillion deficit. it made progress in the right way. i appreciate the efforts of our leadership. the problem remains the senate hasn't put a plan out yet. hopefully they might get started this weekend. >> common sense would dictate if you didn't go for what the republican house passed, there's a small prospect you'll be satisfied with what comes back from the senate. >> a
go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> yes, people can be critical of what we've done. but where are the other ideas? at this point in time, the house is going to act, we're going to act again. but it is final for our colleagues across the aisle to tell us what they're for. tell us how we can end this crisis. >> welcome back to "hardball." that was speaker john boehner before the...
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two, we have as i said multiple opportunities to compromise and the idea, this big question of whether the president will veto it, the chief of staff says he will do it. we have a statement of administration policy that says he will do it. that doesn't matter. it won't get to the president's desk. there are 58 senators who said they would oppose the boehner bill, which makes it less popular than congressman ryan's budget, than the cut, cap and balance plan everyone knew was dead on arrival in the senate. we have to get rid of the political statements, the political games, and get something done. you just need house republicans be willing to do something other than say, as i read this morning, the boehner bill is take it or leave it, we will stick the default on the president. that's not the way we govern in this country. that's not the right thing to do. >> dan pfeiffer, thank you very much. the very latest from the white house. thanks for coming. >>> if the boehner bill does clear the house as is expected now, senate majority leader harry reid says the senate will vote on it tonight a
two, we have as i said multiple opportunities to compromise and the idea, this big question of whether the president will veto it, the chief of staff says he will do it. we have a statement of administration policy that says he will do it. that doesn't matter. it won't get to the president's desk. there are 58 senators who said they would oppose the boehner bill, which makes it less popular than congressman ryan's budget, than the cut, cap and balance plan everyone knew was dead on arrival in...
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. >> and this speaks it a big concern in that et fis behind you, that if the aaa bond rating is reduced it'll be on the president's watch. >> right. >> that's been the issue here for this white house bp that's why the number one they want to move this debt ceiling issue away from the next two years. yes did is political issue but also an economic issue. some really bad numbers came out of it. all of this uncertainty, we have all known that businesses right now in the last couple of weeks, they have gotten a little nervous. people have held back because they are not sure what is going on. they are not sure how this will end. i think -- look, i still have a lot of confidence that when all is said and done, they will figure it out. all of the leaders are on the same page. all of the same leaders are on the same page. yes, they have an unpredictable, unpredictable group of lawmakers on their hands. so the one thing that i have as a political person, i thought would find surprising at the end of the day, if they do agree what this field will look like, it is going to be a couple of trillion
. >> and this speaks it a big concern in that et fis behind you, that if the aaa bond rating is reduced it'll be on the president's watch. >> right. >> that's been the issue here for this white house bp that's why the number one they want to move this debt ceiling issue away from the next two years. yes did is political issue but also an economic issue. some really bad numbers came out of it. all of this uncertainty, we have all known that businesses right now in the last...
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. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> i'm with your krpt nx market wrap. another batch of updeceit earnings not enough to offset dismal economic numbers and lingering fears about the debt debac debacle. the dow jones industrial tumbling. and absolutely dangerous, how one investor described the atmosphere on wall street today telling cnbc the problem is the market reacts to two thing. greed and fear. right now there's no greed in the air, only fear. a lot of that fear based on the ongoing debate in washington over raising the debt ceiling and cutting the deficit. aps an anemic reading on gdp growth, weaker than expected 1.3% while first quarter numbers were prevised to lower to a paltry 0.4%. over a rough week for the market. all major indices giving up between 3.5
. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> i'm with your krpt nx market wrap. another batch of updeceit earnings not enough to offset dismal economic numbers and...
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medicare waub a big piece of this? >> the states are in three places. one, i think they're confident that a deal is going to be struck. they're also just as equally weary that two things would happen. one that there will be a default and that there be a downgrade in their bond ratings and therefore the cost of borrowing is going to increase. and two, they're also concerned about the fact that there's no certainty as to what kind of payments are going to be made for the many state federal partnerships that are out there. whether they be medicaid, transportation or homeland security programs. >> governor, what do they do? you've got to figure out what bills to pay, who to pay, who to furlough, who to owe? >> i think it's pretty good for states to have a spur louse. most of us do in pennsylvania because of investments we made even during the recession as 7.5% unemployment rate and a $600 million surplus. they'll be able to have a little give to cover for a while. the biggest problem is what's going to happen to the recovery. the recovery is not going as fa
medicare waub a big piece of this? >> the states are in three places. one, i think they're confident that a deal is going to be struck. they're also just as equally weary that two things would happen. one that there will be a default and that there be a downgrade in their bond ratings and therefore the cost of borrowing is going to increase. and two, they're also concerned about the fact that there's no certainty as to what kind of payments are going to be made for the many state federal...
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there's big battles over the budget. the democrats are getting push back because they went along with governor chris christie. they just slashed benefits for state employees. it's got to be a topic that come ups again if you're elected. how would you move forward on that knowing on the one hand you have state employees who want their benefits in the other, new jersey has the highest property taxes in the nation. >> we know we have the highest property taxes. with the governor slashing the communities it's raising the taxes in those communities. what we need to do is understand that i am 100% for collective bargaining. we fortunate have a situation where that grandfathers in and goes away. the future is now new jerseyians coming together making sure that we continue to push our good schools. we have great schools in jersey. my biggest thing is we have to strive to be the best. we're cutting women's services and all these areas. the reality is that's just passing it on to someone else. >> we were talking about why you chos
there's big battles over the budget. the democrats are getting push back because they went along with governor chris christie. they just slashed benefits for state employees. it's got to be a topic that come ups again if you're elected. how would you move forward on that knowing on the one hand you have state employees who want their benefits in the other, new jersey has the highest property taxes in the nation. >> we know we have the highest property taxes. with the governor slashing the...
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i think the big difference is the extent, the time. and he didn't mention that in this, so he's no longer safe yi that it has to get us past 2012. that is also one of the big sticking points is how long will the debt ceiling extension be. >> all right. we're just getting a note here from the associated press. do we still have dave weigel there and emily? >> still here, chris. >> all right, i don't know if either of you heard this, but the house gop is said now that it's going to change the stalled bill and the vote could come as soon as sometime today. what would you expect that to be, dave? >> if they actually hold a vote, that means they won a few people over. there were a couple of problems, some members had, with the pell grant payments in this bill. and if they change that, then they get a bill that can at least move out of the house. but we're talking about real kabuki here. if they end up changing that component to get a few more of those votes, that's the kind of thing that might be tweaked again later for when this returns to
i think the big difference is the extent, the time. and he didn't mention that in this, so he's no longer safe yi that it has to get us past 2012. that is also one of the big sticking points is how long will the debt ceiling extension be. >> all right. we're just getting a note here from the associated press. do we still have dave weigel there and emily? >> still here, chris. >> all right, i don't know if either of you heard this, but the house gop is said now that it's going...
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if they manage to defeat this vote today, this is going to be a big, big problem for markets. if they don't, you may see markets continue to tread water until there is a solution to this. now, remember, speaker boehner's plan is not likely one that is going to pass the senate. not likely one that is going to get past the president. the bottom line if there is some sense boehner has better control of h over hi members you may see markets allowing a little bit more time. right now markets are largely relaxing but ready to move if this doesn't go the right way. >> thanks, guys. >>> at the bottom of the hour, we will go to wall street for the opening bell and answer a question many of us have right now -- should we take our money out of the stock exchange and where do we put it if so. we will talk to a financial analyst about that. >>> cnn obtained dramatic new video taken minutes after the bombing of the government buildings in norway. it was shot by a hamburg who works in oslo and driving through a tunnel beneath the city's government plaza when the bomb went off. eight people k
if they manage to defeat this vote today, this is going to be a big, big problem for markets. if they don't, you may see markets continue to tread water until there is a solution to this. now, remember, speaker boehner's plan is not likely one that is going to pass the senate. not likely one that is going to get past the president. the bottom line if there is some sense boehner has better control of h over hi members you may see markets allowing a little bit more time. right now markets are...
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no help from big oil. we will give you that too. how about that. they are saying no too. >> reid's plan is a hike through 2012. rather than going through this again around christmas time. $2.7 trillion in saving but no new revenue, no new entitlement. there are some saying these are the same plans. that's not true, is it, senator? >> there are two very important differences. the first is that the reid plan protects medicare, medicaid and social security which is what the american people want. >> it does protect that. >> it does protect all three of them. >> it is very important that by postponing any further action on the debt limit until after the reaction we ask start to get to work on what really concerns americans, which is jobs and getting the economy back together. what the tea party would like to do is keep the manufactured debt republican crisis going and at six months, means we are at it right away. and while all this is going on, we are not paying attention to jobs or the economy and we are not making life better for regular american fami
no help from big oil. we will give you that too. how about that. they are saying no too. >> reid's plan is a hike through 2012. rather than going through this again around christmas time. $2.7 trillion in saving but no new revenue, no new entitlement. there are some saying these are the same plans. that's not true, is it, senator? >> there are two very important differences. the first is that the reid plan protects medicare, medicaid and social security which is what the american...
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it gets better, it gets big. >> this is the fox nooks alert, a final house vote on speaker boehner's plan is set to happen shortly. keep it here. we'll bring you the live vote as it happens. hello, everybody. this is 5:00 on the east coast. this is "the five. we've got a lot to cover tonight. first an outrageous comparison in the "new york times" between the tea party and hezbollah. we have thomas friedman's shameless comments ahead. plus a 2012 round-up, and why michele bachmann is hoping rick perry doesn't throw his hat in the ring. and this, julia roberts banned in the uk. we'll they you why. those stories and much more. "the five" starts right now. we're waiting on the host to hold a final vote on the boehner plan. quickly the highlights of the plan. the plan will cut and cap discretionary spend buying $917 over the next ten years, and louvre the debt ceiling to rise by $900 billion immediately. but this one, very importantly, no new revenue, no tax increase. after the bill passes, which i think it probably will, the democrats have three options. they have cut, cap and balance al
it gets better, it gets big. >> this is the fox nooks alert, a final house vote on speaker boehner's plan is set to happen shortly. keep it here. we'll bring you the live vote as it happens. hello, everybody. this is 5:00 on the east coast. this is "the five. we've got a lot to cover tonight. first an outrageous comparison in the "new york times" between the tea party and hezbollah. we have thomas friedman's shameless comments ahead. plus a 2012 round-up, and why michele...
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i'm contessa brewer covering the big news coast to coast. we begin with breaking news out of texas, where authorities have arrested an army private assigned to fort campbell, kentucky. officials found bomb-making materials in his hotel room. that arrest came after someone reportedly overheard the private threatening to stage an attack on the army post at fort hood. fort hood was the scene of a deadly shooting attack in november 2009. major nadal hassan is accused of killing 13 people and wounding dozens of others. pete williams has the latest from washington now. pete, what do you know about this arrest of the private? >> reporter: right. well, good afternoon. you saw killeen, texas on that map. that's where he was arrested. he's a private first class assigned to fort campbell, but arrested in texas yesterday and according to law enforcement officials, what happened is he went into a gun store in killeen, texas and was asking questions that the gun store owner thought was suspicious. he was also buying smokeless powder which can be used for
i'm contessa brewer covering the big news coast to coast. we begin with breaking news out of texas, where authorities have arrested an army private assigned to fort campbell, kentucky. officials found bomb-making materials in his hotel room. that arrest came after someone reportedly overheard the private threatening to stage an attack on the army post at fort hood. fort hood was the scene of a deadly shooting attack in november 2009. major nadal hassan is accused of killing 13 people and...
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the new college football season is nearly upon us. >> it's big. i understand the commodores have at least ten national merit scholars. >> laugh it up. laugh it up, joe. the college game day crew is gearing up as well. two members of the team, erin andrews and kirk herbstreit. >> this is earlier than we wake up. >> we're trying our best here. >> mika wanted me to ask you guys, how are the williams east in division three? >> down, actually. really good graphics. >> amherst. >> this is really good. two years ago you went there. >> isn't it beautiful? the purple valley. >> i understand you actually won the nashville? >> i live in nashville. we did a thursday night football game. you did saturday. >> big college. >> come on. >> very cute. >> let me tell you something, the feel on a saturday night, you better buckle up. >> their quarterback, though. you better watch out. a >> you laugh. you laugh. >> we'll take it. if we must, we'll talk about joe's school, alabama. how do they look this year? are they going to be back? >> they have five straight nation
the new college football season is nearly upon us. >> it's big. i understand the commodores have at least ten national merit scholars. >> laugh it up. laugh it up, joe. the college game day crew is gearing up as well. two members of the team, erin andrews and kirk herbstreit. >> this is earlier than we wake up. >> we're trying our best here. >> mika wanted me to ask you guys, how are the williams east in division three? >> down, actually. really good...
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why this school system doesn't want that is a big question. that needs to change. >> david mcfarland from the trevor project. thanks for your time. i want to pass along to everyone out there, if you or someone is feeling bullied or at risk of suicide for anyone across the board. it doesn't matter if you are part of the lgbt community. you can call the trevor project lifeline at 866-488-7386. this lifeline is free and confidential. >>> here is an amazing statistic. half of all new jobs since the recession added has been added in one state alone. the state's governor might consider using this employment boost to help his run for the white house. there is the man himself. [ male announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all th
why this school system doesn't want that is a big question. that needs to change. >> david mcfarland from the trevor project. thanks for your time. i want to pass along to everyone out there, if you or someone is feeling bullied or at risk of suicide for anyone across the board. it doesn't matter if you are part of the lgbt community. you can call the trevor project lifeline at 866-488-7386. this lifeline is free and confidential. >>> here is an amazing statistic. half of all new...
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i love politics because it's about big ideas, big reasons, about the kind of country you
i love politics because it's about big ideas, big reasons, about the kind of country you
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that's the big test. he has it figure out if he can get the 217 votes for this bill, which will probably then be at least in his mind, the blueprint for some sort of negotiations to raise the debt ceiling. i think one of the things that a speaker obviously has to dos well is to set up all of the reelection prospects for the members. so the question in 2012, did the speaker pro individual a viegs, rational off of their candidacy and rational for a republican presidency. so i think that's the real test and there will be many other moments the next couple of months as the presidential race unfolds and as other topics come up in the congress. >> well, we'll see. let me ask another question. are liberal's really feeling left behind in conservatives overjoyed by a new poll showing the president losing support on the left. washington post polls said the numbers who liked the president's records on jobs have dropped 22% so far this year. but the huffington post has looked back at history and in fact, president ob
that's the big test. he has it figure out if he can get the 217 votes for this bill, which will probably then be at least in his mind, the blueprint for some sort of negotiations to raise the debt ceiling. i think one of the things that a speaker obviously has to dos well is to set up all of the reelection prospects for the members. so the question in 2012, did the speaker pro individual a viegs, rational off of their candidacy and rational for a republican presidency. so i think that's the...
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you know the big of politics. i wonder, what is it like to stand there as a senator from new hampshire waiting for the president and boehner and the crazy tea party people to cook up a deal, and then you've got to decide on what to do with it. what is the mood now among the grownup senators? >> i think people are very frustrated. it is time now for us to act. we have the whole world watching. we have an economy in this country that will have devastating consequences if we fail to raise the debt ceiling. middle-class families across this country who will be affected with their credit cards, car payments and mortgage payments. this is a manufactured crisis, it doesn't need to be there. it's time for people to put aside their partisan differences and come to the table and get this done. well, i do understand, but i don't want to, this coming together of ideology and crisis management. we have a solvency problem in the federal government, spending more than bringing in. that's a practical problem with a practical solu
you know the big of politics. i wonder, what is it like to stand there as a senator from new hampshire waiting for the president and boehner and the crazy tea party people to cook up a deal, and then you've got to decide on what to do with it. what is the mood now among the grownup senators? >> i think people are very frustrated. it is time now for us to act. we have the whole world watching. we have an economy in this country that will have devastating consequences if we fail to raise...
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he's kind of a big deal within the beltway, a la youtube clips. i'll tweet out the link if you would like to hear it yourself. there's more buzz about house republicans. a movie about bank robbers, what they're listening to when they talk debt? >> the movie is called "the town" and republicans played a clip of the movie, affleck is in the movie, telling his buddy he needs some help, a lot of trust. i need your help, i can't tell you what it is, you can never ask me about it later and we're going to hurt some people. >> which car are we going to take? >> so they show this clip and then in the meeting, republican congressman allen west volunteers if figuratively to drive the car for the republican leadership, but not lost on all of this is what the affleck character in the movie actually does. he and his buddy basically engage in a violent beatdown of a couple of other guys at an apartment. and then suddenly this movie starts provoking jabs from democrats, including affleck. the huffington post reports that affleck says republicans ought to watch hi
he's kind of a big deal within the beltway, a la youtube clips. i'll tweet out the link if you would like to hear it yourself. there's more buzz about house republicans. a movie about bank robbers, what they're listening to when they talk debt? >> the movie is called "the town" and republicans played a clip of the movie, affleck is in the movie, telling his buddy he needs some help, a lot of trust. i need your help, i can't tell you what it is, you can never ask me about it...
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it's big whitewater, and as americans we're historically good at big whitewater. >> the real celebrations are still to come, in a city that embraces the majesty of the old and the excitement of the new. >> we'll do it in the way that we believe is spectacular, and it would be spectacular. it's going to be great for the world to watch. it will be great for our children to watch. it's going to be exciting. >> reporter: martin, perhaps as you know better than me, here the folks like to say they are bang on schedule. that's what everybody told us today. six venues here at the olympic park already completed. they're even putting the track down in the not-too-distant future in the stadium behind us. >> we both covered the royal wedding, do you sense there is as much excitement there for this huge event the olympics games for the wedding, for a young man, who as both of us know isn't going to be yet close to the throne, because his father will succeed the queen. >> reporter: that's certainly the case. for the young generation, this is something they're excited about. mind you, this is a year out
it's big whitewater, and as americans we're historically good at big whitewater. >> the real celebrations are still to come, in a city that embraces the majesty of the old and the excitement of the new. >> we'll do it in the way that we believe is spectacular, and it would be spectacular. it's going to be great for the world to watch. it will be great for our children to watch. it's going to be exciting. >> reporter: martin, perhaps as you know better than me, here the folks...
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reform of the entitlements to get a package as big as what is required. we cannot be dealing with the package speaker's talking about $850 billion. we've got to have a package of at least $4 trillion at the end of the day. >> senator, if there's progress on these talks -- if there's some progress on these talks should the president sign a short-term deal, a brief extension while this comes together why this tries to gel? >> no. i don't think that's the first preference. that would create more uncertainty in the markets. i don't think that's the first preference. first preference is to get a process agreed to that getstous the big deal with a significant down payment. >> and with john boehner telling his caucus today get your you know what in line, he doesn't have the çvotes. he can't come up with 217 votes. how does this all come together? does something first have to start many the house or is there a way that harry reid's plan or some change expanded harry reid plan can begin to be seen in both houses? i'm not clear what the road map is. >> you know,
reform of the entitlements to get a package as big as what is required. we cannot be dealing with the package speaker's talking about $850 billion. we've got to have a package of at least $4 trillion at the end of the day. >> senator, if there's progress on these talks -- if there's some progress on these talks should the president sign a short-term deal, a brief extension while this comes together why this tries to gel? >> no. i don't think that's the first preference. that would...
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i'm contessa brewer covering the big news coast to coast. the big story we're watching right now, debt, deficit, downgrade, deadlock. there's six more days until the august 2nd debt default deadline. really, does anybody think there's going to be a deal? >> it can pass the house and pass the senate. i hope the president will consider signing it into law. >> the speaker's proposal cannot pass the senate, will not reach the president's desk. >> another day, another delay as washington tries to come up with a debt deal. today's breaking news a bipartisan group did the math on both the duelling democratic and republican debt plans and both come up short on their projected savings goals. democrats put their bill on hold. while republicans scramble to rewrite theirs. >> things are very fluid. >> today's house vote tabled while gop leaders try to get reluctant freshman on board. >> i want a solution, not a deal. i don't think this goes far enough. >> does this keep us in the battle. >> john boehner has a group of people that believe their way is th
i'm contessa brewer covering the big news coast to coast. the big story we're watching right now, debt, deficit, downgrade, deadlock. there's six more days until the august 2nd debt default deadline. really, does anybody think there's going to be a deal? >> it can pass the house and pass the senate. i hope the president will consider signing it into law. >> the speaker's proposal cannot pass the senate, will not reach the president's desk. >> another day, another delay as...
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too big to fail. a look at the federal government that way some day. >>> and the criticism of president obama by boehner, may sounded like they took every jab the democrats made about republicans and turned it back at him. not very original, but it's part of the rhythm of what we're into right now. that's in the "sideshow." you're watching "hardball" only on msnbc. you're gonna look so handsome once i get these little white pieces off you. how many do i have? more than you think. [ female announcer ] you can't pass mom's inspection with lots of pieces left behind. that's why there's charmin ultra strong. its diamondweave texture is soft and more durable versus the ultra rippled brand. so it holds up better for a more dependable clean. fewer pieces left behind. you sure clean up nice. yes i do. [ female announcer ] we all go. why not enjoy it a little more with charmin ultra strong? and to help feel fresh and clean, try charmin freshmates. >>> back to "hardball." now for the "sideshow" tonight. as the
too big to fail. a look at the federal government that way some day. >>> and the criticism of president obama by boehner, may sounded like they took every jab the democrats made about republicans and turned it back at him. not very original, but it's part of the rhythm of what we're into right now. that's in the "sideshow." you're watching "hardball" only on msnbc. you're gonna look so handsome once i get these little white pieces off you. how many do i have? more...
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brewer, covering the big news from coast to coast. the big story today, casey anthony will be out of jail in less than one week. moments ago, we learned the florida mother acquitted of murdering her own 2-year-old daughter will be released next wednesday, july 13th. on tuesday, she was convicted on all counts of lying to police. this morning, judge belvin perry announced what that would cost her. >> i will sentence you to one year in the orange county jail, imposing a $1,000 fine on each count. all four counts to run consecutive to each other, giving you credit for the time that you have previously served. >> that credit amounted to just over 1,000 days. let's go live now to orlando. nbc is outside the courthouse with the very latest on what has happened this morning. good morning to you. >> reporter: good morning, richard. that was six days short of the worst case scenario for those protesters that gathered around this morning outside the courtroom. certainly not comforting, not even six weeks or six months, not even six years is any
brewer, covering the big news from coast to coast. the big story today, casey anthony will be out of jail in less than one week. moments ago, we learned the florida mother acquitted of murdering her own 2-year-old daughter will be released next wednesday, july 13th. on tuesday, she was convicted on all counts of lying to police. this morning, judge belvin perry announced what that would cost her. >> i will sentence you to one year in the orange county jail, imposing a $1,000 fine on each...
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too big to fail. a look at the federal government that way some day. >>> and the criticism of president obama by boehner, may sounded like they took every jab at republicans and turned it back at him. not very original, but it's part of the rhythm of what we're into right now. that's in the "sideshow." you're watching "hardball" only on msnbc. >>> back to "hardball." now for the "sideshow" tonight. as the debt ceiling debate continues to consume both congress and the white house you may have noticed something about the republican rhetoric. their accusations against president obama sound remarkably similar to what the president himself said angrily about the republicans. here's president obama last week on the gop's complete unwillingness to budge during negotiations. >> i think that, you know, one of the questions that the republican party's going have to have itself is, can they say yes to anything? >> and here's speaker boehner last night. >> unfortunately the president would not take yes for an ans
too big to fail. a look at the federal government that way some day. >>> and the criticism of president obama by boehner, may sounded like they took every jab at republicans and turned it back at him. not very original, but it's part of the rhythm of what we're into right now. that's in the "sideshow." you're watching "hardball" only on msnbc. >>> back to "hardball." now for the "sideshow" tonight. as the debt ceiling debate continues to...
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acuvue® oasys brand. >>> big news, big news, you guys. after months of negotiations, a deal has been reached to end the nfl lockout. [ applause ] >> or as china put it, oh, great, glad you got that deal worked out. any word on the $14 trillion. yeah, might want to get working on that one. >>> let's take a look at the morning papers. "the new york times." the unemployed need not apply. that's the message from the growing number of employers. a recent review of websites like monster.com and craiglist show hundreds of job postings will only consider people who are currently employed or recently laid off. it's become common enough that new jersey passed a law banning these types of ads. >> financial times, netflix is bracing for the backlash of the recent price hike. the company warned of a slowdown. it sent netflix shares tumbling 10% in afterhours trading. >> and grand central terminal is getting bigger. a ten-year deal in the works to build an apple store there. if approved on wednesday, the construction is expected to take about four mont
acuvue® oasys brand. >>> big news, big news, you guys. after months of negotiations, a deal has been reached to end the nfl lockout. [ applause ] >> or as china put it, oh, great, glad you got that deal worked out. any word on the $14 trillion. yeah, might want to get working on that one. >>> let's take a look at the morning papers. "the new york times." the unemployed need not apply. that's the message from the growing number of employers. a recent review of...
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too big to fail. a look at the federal government that way some day. >>> and the criticism of president obama by boehner, may have soin sounded like they took every jab at republicans and turned it back at him. that's in the "sideshow." you're watching "hardball" only on msnbc. introducing the schwab mobile app. it's schwab at your fingertips wherever, whenever you want. one log in lets you monitor all of your balances and transfer between accounts, so your money can move as fast as you do. check out your portfolio, track the market with live updates. and execute trades anywhere and anytime the inspiration hits you. even deposit checks right from your phone. just take a picture, hit deposit and you're done. open an account today and put schwab mobile to work for you. this past year alone there was a 93% increase in cyber attacks. in financial transactions... on devices... in social interactions... and applications in the cloud. some companies are worried. some, not so much. thanks to a network that se
too big to fail. a look at the federal government that way some day. >>> and the criticism of president obama by boehner, may have soin sounded like they took every jab at republicans and turned it back at him. that's in the "sideshow." you're watching "hardball" only on msnbc. introducing the schwab mobile app. it's schwab at your fingertips wherever, whenever you want. one log in lets you monitor all of your balances and transfer between accounts, so your money...
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and say in their most serious big boy voices were the good guys they're the bad guys who we say or we don't i. mean there's another growing disconnect between washington and the rest of the country and that is the fear mongering credibility gap at some point everyone is going to realize that they need us more than we need them and that most of what they tell us to fear is for the sole purpose of serving their lust for power drawing our seem oddly my special guest tonight for our default they count down seem oddly president of less government seen someone to thank so much for explaining to see them in your head of the cut cap and balance. out of their credits here and i'm i really is ok now the cut cap and balance plan put forth by speaker boehner that no one has that well yes it was before this legislation. i still wonder though for me in the middle of my figures now they are going to at the last year to try to make me look bad here ok so cut cap and balance you would put it as the least bad option was that while my ultimate objective would be to not raise the debt ceiling there are a
and say in their most serious big boy voices were the good guys they're the bad guys who we say or we don't i. mean there's another growing disconnect between washington and the rest of the country and that is the fear mongering credibility gap at some point everyone is going to realize that they need us more than we need them and that most of what they tell us to fear is for the sole purpose of serving their lust for power drawing our seem oddly my special guest tonight for our default they...
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we have a big show tomorrow. on the show, senate budget committee chairman kent conrad and congressman tom price from the budget committee, and former white house deputy press secretary bill burton and the new york times business reporter andrew sorkin and lawrence o'donnell host of "last word with lawrence o'donnell" on msnbc, and my colleague tamron hall is off today, and thomas roberts is standing in for her. >> we are following the latest at the white house where lawmakers are trying to come to a compromise. now in order to prevent default which is seven days away, what happens if america's credit rating is ultimately downgraded. >>> and david wu says he is resigning from office amid a sex scandal, but not immediately, and we will have details on "newsnation" up next. 3q double shift... i need a break. he needs some gellin'. yeahhhhhhh. gellin' is like having a teeny tiny foot masseuse in your shoe. you like ? nice ! dr. scholl's massaging gel insoles. outrageous comfort, all-day long. but afraid you can't af
we have a big show tomorrow. on the show, senate budget committee chairman kent conrad and congressman tom price from the budget committee, and former white house deputy press secretary bill burton and the new york times business reporter andrew sorkin and lawrence o'donnell host of "last word with lawrence o'donnell" on msnbc, and my colleague tamron hall is off today, and thomas roberts is standing in for her. >> we are following the latest at the white house where lawmakers...
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>> quite a big one, contessa. we can report that earlier this morning the house call center the communication arm of the house in charge of all the house telephones sent out an email to members saying quote, due to the high volume of external calls to the house telephone circuits they are near capacity. some members should be receiving busy signals. several house websites crashed specifically that of speaker of the house john boehner. the question is whether or not it will transfer into some sort of change of what the status quo is right now and that really is both sides digging in quite rigidly on their plans. democrats supporting harry reid's plan the $2.7 trillion cut across the board. republicans in favor of john boehner's plan, with an extension of the debt limit. that's where both sides are still very much. >> kristen, let's talk with you about where the white house goes from here. can they capitalize on this? the people are willing to go online -- i had trouble getting on the house website today maybe not c
>> quite a big one, contessa. we can report that earlier this morning the house call center the communication arm of the house in charge of all the house telephones sent out an email to members saying quote, due to the high volume of external calls to the house telephone circuits they are near capacity. some members should be receiving busy signals. several house websites crashed specifically that of speaker of the house john boehner. the question is whether or not it will transfer into...
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it's a really big issue. it's going to become much more prominent as the week progresses if this is not all resolved. >> a lot of people weighing in even overseas. allan chernoff, thanks so much. zain verjee, we were talking about this yesterday. i think the british financial secretary yesterday calling us nutters. i have never heard that word before, but basically we are losing a lot of street cred when it comes to our politics because of, you know, the bickering back and forth. >> reporter: right. nutter, otherwise also pronounced nuers means this is crazy. get straight to the headlines here. this is what the independents say in the uk. raising the debt ceiling may not be enough to prevent financial disaster. it says with drama of an episode of "mcgyver." the items action series president obama -- primed to rip through the financial markets one week from now. check this out. wj wnel says structural change will only succeed if it's a company by a moral argument unabashed cultural defense of the free flis sys
it's a really big issue. it's going to become much more prominent as the week progresses if this is not all resolved. >> a lot of people weighing in even overseas. allan chernoff, thanks so much. zain verjee, we were talking about this yesterday. i think the british financial secretary yesterday calling us nutters. i have never heard that word before, but basically we are losing a lot of street cred when it comes to our politics because of, you know, the bickering back and forth. >>...
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. >> that's the big question and the big factor at the center of all of this. they don't have a lot of time and they need to move both of these through both chambers of congress and somehow reconcile them, how they're going to do that. >> let me go back to the white house. it looks like these two plans, they're obviously a senate plan by majority leader harry reid and house plan by speaker john boehner. does the white house feel sidelined or left out of thf process? >> i had this question, too, and i talked with one official who said the president can't be sidelined. he is the president. he has the power of the veto pen. he's the one who says ultimately if something moves. although inthe thought is if he was given a plan that could get through congress, i think the thought is how could he do anything but sign it? but certainly the president and the white house have been very much in touch with senate democrats and the roll right now is that senate majority leader harry reid is pretty much the president's lifeline through this at this point. but there's no doubt
. >> that's the big question and the big factor at the center of all of this. they don't have a lot of time and they need to move both of these through both chambers of congress and somehow reconcile them, how they're going to do that. >> let me go back to the white house. it looks like these two plans, they're obviously a senate plan by majority leader harry reid and house plan by speaker john boehner. does the white house feel sidelined or left out of thf process? >> i had...
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visit remax.com today. >>> is chris christie a big tease? from the start the brash new jersey governor said there's no way he is running for president. but his actions have a lot of people wondering. today, he showed up in des moines, iowa for a conference and republican fund-raiser. last week, he met with the group of wealthy conservatives who asked him to run. >>> and back in may, some iowa businessmen also tried to convince him to get in. governor christie, either you are keeping alive the rumor or you need to get a new person in your scheduling office. they have a suspicious way of moving you around. from the teachers to the students. i had a student the other day that said... "miss stacy, this class is changing the way that i look at things." sparking that interest and showing them that math and science are exciting... it's why i teach. ♪ i know they can, even when they think they can't. morning starts with arthritis pain... that's two pills before the first bell. [ bell rings ] it's time for recess... and more pills. afternoon art st
visit remax.com today. >>> is chris christie a big tease? from the start the brash new jersey governor said there's no way he is running for president. but his actions have a lot of people wondering. today, he showed up in des moines, iowa for a conference and republican fund-raiser. last week, he met with the group of wealthy conservatives who asked him to run. >>> and back in may, some iowa businessmen also tried to convince him to get in. governor christie, either you are...
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governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal.ç and chris christie. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be skinny these days. i appreciate your -- up next, the gunman in those horrific attacks in norway says he wanted to take his country back for the muslims and immigrants, blaming liberals for pushing multiculturalism. a very sensitive topic. let's look at the state of right wing extremism in europe. this is "hardball" only on msnbc. >> ( rooster crows ) >> by 2020, 50 billion network devices will roam the earth. that's seven devices per person. this will change how we work in ways we've never before imagined. what do you need to secure your people, their devices, and your business? a network that can evolve and
governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal.ç and chris christie. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be skinny these days. i appreciate your -- up next, the gunman in...
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governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be running these days. i appreciate your -- up next, the gunman in those horrific attacks in norway says he wanted to take his country back for the muslims and immigrants, blaming liberals for pushing multiculturalism. a very sensitive topic. let's look at 9 state of right wing extremism in europe. this is "hardball" only on msnbc.ç announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better ser
governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be running these days. i appreciate your -- up next, the gunman in those horrific attacks...
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it is a big deal. i think that even if a deal is reached, and i believe there will be one and listening to geithner and members of both sides of the aisle saying that we will not default does not mean that the rating agencies will not downgrade u.s. debt which calls in whole other set of questions from the breadth of the full faith and credit and the collateral issue and the mandate of a lot of of the pension funds and insurance funds to only own triple aç securities is more of the shorter term concern. >> but the longer it goes on, one imagines the longer it affects the markets, and today, all of the markets are down? >> well, it is down, but it is a fairly benign reaction given some of the extreme assumptions of when the asian markets were opening that it is a real disaster. the markets are telling you that they have faith that something is going to get done here and you are seeing it on the equities side and the fixed income side in terms of the ten-year treasury yield, and yeah, it is down, but n
it is a big deal. i think that even if a deal is reached, and i believe there will be one and listening to geithner and members of both sides of the aisle saying that we will not default does not mean that the rating agencies will not downgrade u.s. debt which calls in whole other set of questions from the breadth of the full faith and credit and the collateral issue and the mandate of a lot of of the pension funds and insurance funds to only own triple aç securities is more of the shorter...
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why has this become such a big deal? >> i think it's for the same reason you see in the credit agency comments from standard and poors and fitch and moody's, the underlying problem, the high levels of debt, record deficits must be addressed. even if we weren't having this discussion about to raise the debt ceiling or not, we would have to address this problem. this will have happened again at the end of september if it's not resolved here, that's when the continuing resolution ends for this year's funding. this is the underlying issue that has to be addressed. >> senator i wanted to play a little bit of the president's comments at la razza, we think maybe even the thunderstorms interrupted our coverage of that. this is what he had to say. he was very combative. he said we had to deal with taxes in some fashion. we can't deal with spending cuts alone. let me play a little bit for you. >> neither party is blameless for the decisions that led oour debt. but both party haves a responsibility to come together and solve the pr
why has this become such a big deal? >> i think it's for the same reason you see in the credit agency comments from standard and poors and fitch and moody's, the underlying problem, the high levels of debt, record deficits must be addressed. even if we weren't having this discussion about to raise the debt ceiling or not, we would have to address this problem. this will have happened again at the end of september if it's not resolved here, that's when the continuing resolution ends for...
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let's look for the big fix. the president says, luke, let's go for the big fix and now the republicans are going, wait a minute. what gives? luke. >> politics is the art of the possible. a lot of folks on capitol hill feel right now that a short-term solution is the only thing possible because of the eight-day time window that you mentioned. that being said, there are two very different plans which you talked about in the introduction which are going through capitol hill right now. speaker boehner plan is going to have an extension, which gets us through the wipter. i'm told that speaker boehner's going to brief his house republican conference at 2:00 p.m. about the details of that plan. won't get extremely specific. then for all intensive purposes it looks from discussions i've had with certain aides that you can see as early as wednesday a house of representatives votes on speaker boehner's plan. harry reid is going to go his own way with a $2.7 trillion reduction plan across the board. both of these contessa
let's look for the big fix. the president says, luke, let's go for the big fix and now the republicans are going, wait a minute. what gives? luke. >> politics is the art of the possible. a lot of folks on capitol hill feel right now that a short-term solution is the only thing possible because of the eight-day time window that you mentioned. that being said, there are two very different plans which you talked about in the introduction which are going through capitol hill right now....